Reviva Net Income From Continuing Ops vs Gross Profit Analysis

RVPHW Stock  USD 0.23  0.04  21.05%   
Reviva Pharmaceuticals financial indicator trend analysis is much more than just breaking down Reviva Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reviva Pharmaceuticals is a good investment. Please check the relationship between Reviva Pharmaceuticals Net Income From Continuing Ops and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reviva Pharmaceuticals Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Net Income From Continuing Ops vs Gross Profit

Net Income From Continuing Ops vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reviva Pharmaceuticals Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Reviva Pharmaceuticals' Net Income From Continuing Ops and Gross Profit is -0.86. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Reviva Pharmaceuticals Holdings, assuming nothing else is changed. The correlation between historical values of Reviva Pharmaceuticals' Net Income From Continuing Ops and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Reviva Pharmaceuticals Holdings are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Reviva Pharmaceuticals' Net Income From Continuing Ops and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income From Continuing Ops

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Reviva Pharmaceuticals Holdings minus its cost of goods sold. It is profit before Reviva Pharmaceuticals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Reviva Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reviva Pharmaceuticals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reviva Pharmaceuticals Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Enterprise Value is likely to climb to about 104.2 M in 2024, whereas Tax Provision is likely to drop 9,973 in 2024.
 2021 2023 2024 (projected)
Depreciation And Amortization1.6M223.9K212.7K
Interest Income182.8K499.0K523.9K

Reviva Pharmaceuticals fundamental ratios Correlations

-0.470.030.260.950.9-0.47-0.99-0.720.71.0-0.96-0.471.00.910.87-0.47-0.980.840.30.960.91-0.471.0-0.910.95
-0.470.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
0.030.45-0.530.17-0.230.45-0.020.54-0.640.010.190.450.04-0.29-0.310.450.12-0.25-0.53-0.05-0.310.450.030.270.16
0.26-0.88-0.530.00.15-0.88-0.19-0.820.550.27-0.42-0.880.210.280.56-0.88-0.30.571.00.090.33-0.880.26-0.240.01
0.95-0.320.170.00.86-0.32-0.98-0.510.510.94-0.88-0.320.960.830.69-0.32-0.910.640.050.970.87-0.320.95-0.891.0
0.9-0.37-0.230.150.86-0.37-0.91-0.680.790.91-0.88-0.370.910.990.83-0.37-0.910.750.190.950.95-0.370.9-0.970.86
-0.471.00.45-0.88-0.32-0.370.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
-0.990.46-0.02-0.19-0.98-0.910.460.68-0.67-0.990.960.46-0.99-0.9-0.820.460.98-0.78-0.23-0.98-0.930.46-0.990.94-0.98
-0.720.860.54-0.82-0.51-0.680.860.68-0.87-0.730.840.86-0.69-0.76-0.890.860.77-0.86-0.85-0.62-0.80.86-0.720.74-0.52
0.7-0.54-0.640.550.510.79-0.54-0.67-0.870.71-0.82-0.540.690.830.92-0.54-0.80.880.580.670.79-0.540.7-0.770.53
1.0-0.480.010.270.940.91-0.48-0.99-0.730.71-0.97-0.481.00.920.88-0.48-0.980.850.310.960.92-0.481.0-0.920.95
-0.960.610.19-0.42-0.88-0.880.610.960.84-0.82-0.970.61-0.96-0.9-0.930.610.99-0.9-0.47-0.91-0.930.61-0.960.92-0.89
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.61-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
1.0-0.430.040.210.960.91-0.43-0.99-0.690.691.0-0.96-0.430.910.86-0.43-0.980.830.260.960.9-0.431.0-0.910.96
0.91-0.46-0.290.280.830.99-0.46-0.9-0.760.830.92-0.9-0.460.910.87-0.46-0.910.80.320.930.96-0.460.91-0.970.83
0.87-0.57-0.310.560.690.83-0.57-0.82-0.890.920.88-0.93-0.570.860.87-0.57-0.920.990.60.770.83-0.570.87-0.80.7
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.570.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
-0.980.490.12-0.3-0.91-0.910.490.980.77-0.8-0.980.990.49-0.98-0.91-0.920.49-0.89-0.35-0.94-0.920.49-0.980.92-0.92
0.84-0.54-0.250.570.640.75-0.54-0.78-0.860.880.85-0.9-0.540.830.80.99-0.54-0.890.610.70.75-0.540.84-0.720.65
0.3-0.89-0.531.00.050.19-0.89-0.23-0.850.580.31-0.47-0.890.260.320.6-0.89-0.350.610.140.37-0.890.3-0.280.06
0.96-0.39-0.050.090.970.95-0.39-0.98-0.620.670.96-0.91-0.390.960.930.77-0.39-0.940.70.140.95-0.390.96-0.970.97
0.91-0.61-0.310.330.870.95-0.61-0.93-0.80.790.92-0.93-0.610.90.960.83-0.61-0.920.750.370.95-0.610.91-0.990.87
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.61-0.470.52-0.33
1.0-0.470.030.260.950.9-0.47-0.99-0.720.71.0-0.96-0.471.00.910.87-0.47-0.980.840.30.960.91-0.47-0.910.95
-0.910.520.27-0.24-0.89-0.970.520.940.74-0.77-0.920.920.52-0.91-0.97-0.80.520.92-0.72-0.28-0.97-0.990.52-0.91-0.9
0.95-0.330.160.011.00.86-0.33-0.98-0.520.530.95-0.89-0.330.960.830.7-0.33-0.920.650.060.970.87-0.330.95-0.9
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Reviva Pharmaceuticals Account Relationship Matchups

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